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Updated almost 5 years ago,

User Stats

65
Posts
15
Votes
Gina Nicolas
15
Votes |
65
Posts

All my casflow is going toward utilities

Gina Nicolas
Posted

Hello everyone, I have 2 rental properties, 2  units each in PA where I am paying for water, sewer and heat and these bills are eating my cashflow, I am a new investor, one of my rentals, water, sewer and heat added to 600 dollars for this month, one of the reasons might be  that one of my tenant is keeping her windows open all the time claiming that the apartment is too hot and when I lower the heat, she claims she is too cold.  I came to conclusion to make thing better, I will be separating utilities meaning get a new boiler and new water heater for each unit so each tenant can be responsible for their own utilities, it will be costly to get a new boiler and new water heater but I think it will pay off in the long run

Any advice on separating utilities, what type of boiler and how big should it be for each unit? Each house is a 3 bedrooms unit and a one bedroom unit. Does anyone know what the best place to get water heater and boilers?

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